Health Current

Analysis

Health Current is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Health Current reported income of $25.6m and spending of $29.1m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $15.3m to $25.6m (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Health Current sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within AZ. Charities of a similar size with the same main cause include National Health Foundation ($25.6m), Sandhills Medical Foundation Inc ($25.6m) and Jewish Rehabilitation Center for Aged of the North Shore Inc ($25.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Other salaries and wages came to $13.8m. At year end it held assets of $3.5m against liabilities of $5.5m, net assets of -$2.0m.